HK Stock Market Move | JS GLOBAL LIFE (01691) surged over 10% in the afternoon; institutions cite the China-US tariff reduction agreement as catalyzing short-term sentiment, bullish on Asia-Pacific business prospects.

JS GLOBAL LIFE (01691) rose over 10% in the afternoon. As of press time, it was up 9.79% at HK$1.795, with a turnover of HK$10.7103 million. On the news front, on September 28, the Ministry of Commerce announced details regarding the China-US Trade Council and the "30 billion versus 30 billion" reciprocal tariff reduction framework. Securities Times reporters interviewed several listed companies with export businesses to the US in industries such as toys, home appliances, and kitchen and bathroom products. Although the specific rules for the China-US reciprocal tariff reduction have not yet been published, several companies interviewed said the matter is a marginal positive signal worth watching. Huaxing Securities pointed out that the China-US tariff reduction agreement has catalyzed short-term sentiment, and the company's Asia-Pacific business is expected to expand rapidly. Huatai stated that the company is in a strategic investment period of "trading expenses for market share," and emerging markets offer significant growth potential; in the medium to long term, it is bullish on SharkNinja Asia-Pacific continuously strengthening its profitability by leveraging economies of scale, and on the Joyoung segment gradually releasing profit elasticity as end-user demand improves, maintaining a "Buy" rating.